Skip to main content

About your Search

20130202
20130202
STATION
CSPAN 8
MSNBCW 6
FBC 4
MSNBC 4
CSPAN2 3
CNN 2
CNNW 2
KQED (PBS) 2
CNBC 1
KGO (ABC) 1
KQEH (PBS) 1
KRCB (PBS) 1
KTVU (FOX) 1
WJZ (CBS) 1
( more )
LANGUAGE
English 41
Search Results 0 to 40 of about 41 (some duplicates have been removed)
CSPAN
Feb 1, 2013 10:30pm EST
is president obama really cares about the deficit. if there is something he noticed in the first two years when the economic crisis had to be front and center, the thing he wanted to deal with was the long-run deficit. the idea that he went on a spending binge if you don't make threats like that is crazy. the evidence is there that he put spending cuts on the table. he asked them for them to be paired with tax increases as well. there is more good will than people realize. more agreement that we have such a big budget problem that will we're going to fire on all cylinders. we have to cut spending. frankly, we have raise more revenue. >> you're listening to the california program and our speakers are economic experts. we are discussing national, regional, and global economic challenges. you can find video online. there's a series of questions around employment and job growth. what what is your outlook on job growth? >> i will start. i think -- i will say i was here last year and i'm more optimistic this year than last year. we made a significant amount of progress. it looks like housing prices h
CNN
Feb 2, 2013 9:30am EST
can't keep spending money we simply do not have. >> tax uncertainty. >> the deficit is still too high. >> gridlock over how to fix it. if it weren't for politicians in washington, 2013 could be a boom year. take a step back. your home, your investments, your job. the three ways most people build wealth are all set to take off. home prices rose 5.5% in november, biggest jump in six years, stocks are at five-year highs, near records. the dow is up 800 points in just four weeks. jobs are coming back. things are looking bright in 2013, but to capitalize, you'll have to get ready. and get smart. because smart is the new rich. company profits are up, home prices are up, markets are way up. sandy, why is this market up? i mean, end of last week, i see gdp actually shrank in the end of 2012 but markets are near records. why? >> i think three different things are going on. we are seeing signs of strength in the economy, notwithstanding the weak gdp figures. there was a lot of temporary stuff going on there. if you look at computer spending, housing in particular, you're seeing signs of strengt
MSNBC
Feb 2, 2013 1:00am EST
really needed was deficit reduction. and this is a period in which we didn't come to a big deficit reduction deal. what we did is raise taxes. it cut the deficit a bit, but not a big deal. what happened to the markets? somehow we kept adding jobs and the stock market did really well. it all worked out reasonably okay. so here is what we learned. cutting government spending hurts economic growth. no doubt about it. that means doing it in a bad economy may not be such a good idea. but increasing taxes a bit, not coming to the big deficit deal. the private sector and even the markets don't seem all that concerned. the last week should cause a lot of people in washington to re-think what they're doing. i am not optimistic that will happen. joining me now, former economic adviser to vice president joe biden, jared bernstein, a man who is always re-thinking what he is doing, how are you? >> i'm fine, ezra. >> and what else did you see in the reports? you got a good eye, what caught yours? >> one thing i saw was the revisions to last year's employment growth was such that i thought we wer
CSPAN
Feb 1, 2013 8:00pm EST
people like laura tyson writing columns calling for the need for a plan for faster growth, not deficit reduction. what is the president -- i know you've talked about how all the president's plans envision job creation, but what does the president tell his advisors when he sees these signs of a sluggish recovery? what is he asking in the way of things to speed recovery, create jobs and stimulate growth? >> i'll go to the narrow question first. every time the president meets with his economic advisors to discuss policy proposals and refinements to existing policies, the focus is on job creation and economic growth. and that includes when we have discussions about deficit reduction. as i've said many times and as the president has made clear, deficit reduction is not a goal unto itself. it is a means to, if done right , the desired goal, which is greater growth and greater job creation. as part of an overall economic policy. i would note that today's jobs figures and the revisions that we saw in previous months' jobs figures mean that over 35 months we have created 6.1 million private sec
CSPAN
Feb 2, 2013 6:20pm EST
have worked together to reduce our deficit by $2.5 trillion. that is a good start, but to get the rest of the way, we need a balanced set of reforms. for example, we need to lower the cost of health care like programs like medicare. we cannot pass the burden. these reforms must go hand-in- hand with eliminating excess spending in our tax code so that the wealthiest cannot take advantage of loopholes and reductions that are not available to most americans. 2012 can be a year of solid growth and more jobs and higher wages. -- 2013 can be a year of solid growth and more jobs and higher wages. everyone in washington needs to focus on what is right for the country, on what is right for you and your families. that is how we will get our economy moving faster. it will strengthen our middle class. we will build a country that rewards the effort and determination of every single american. thank you. have a great weekend. >> hello. my name is susan brooks. it is a pleasure to speak to you from my home state on indiana. my husband and i have raised two children here. i've been a us attorney for t
CSPAN
Feb 1, 2013 8:00pm EST
street journal," chief economic correspondent. welcome. you wrote a piece saying how the trust deficit is hurting the economy. what we're trying to do? >> guest: we usually talk about things but budget deficits and trade deficits with things we can measure. what i'm talking about is the breakdown of trust in american society. it would take her in institutions that make our economy go. when you look at measures of trust from surveys by gallup for the pew institute that americans have, it's a very important institution including the media newspaper, television, congress, banks, large corporations, public school, public union. if all been going down for many years and allowed them, declining interest intensified leading up to and going into the financial crisis and there's a lot of reasons for the things we can talk about. but what were chained to get out of the story is this matters economy but trust breaks down. a nobel prize-winning economist named kenneth arrow for 40 years ago set every commercial transaction hasn't been a bad element of trust when you trust your counterparty come ne
CNBC
Feb 1, 2013 7:00pm EST
's a good idea. but my whole philosophy is i don't think the deficit is our top issue. i think if you're really concerned about the deficit we should have gone over the fiscal cliff and cut the deficit that way. but if you aren't concerned about the deficit, if you think job growth is the most important thing and growth in general, then i don't think you should either cut taxes -- i don't think you should raise taxes or cut spending right now. i think you should focus just on stimulus. >> what they should do is slash across the board all these goofy departments, just really rip into them. and along with that pro-growth tax reform. especially pro-growth business tax reform. and then you'll have the kind of growth that keith is talking about that would actually solve the financial position. >> keith wants growth in general. i don't want growth in general. i want private sector growth. i don't want a bunch of phony government spending that's going to proup gdp numbers. i want private sector growth. if the president wants to make a deal where we get rid of some of these short-term spendin
MSNBC
Feb 2, 2013 9:00am PST
times" economist argued why the u.s. should spend now and worry about deficit reduction later. here it is. >> dashing spending when you still have depressed economy is really destructive. it's probably even counterproductive even in purely fiscal terms. we should be sustaining government spending until we have a stronger economic recovery. >> this is not a hard call. as long as we have 4 million people who have been unemployed for more than a year, this is not a time to be worrying about reducing the budget deficit. give me something that looks more like a normal employment situation and i'll become a deficit hawk but not now. >> do you subscribe to that, jared? or is that too extreme? >> not at all. i think paul's exactly right. paul and i share the following thing. we're deficit doves in a down economy, and deficit hawks in a strong economy. at a time like this, what you really need is faster growth. by the way, not only will that help put more people to work, but it will actually help reduce your budget deficit ironically because those people will be working, paying taxes, they w
CSPAN
Feb 2, 2013 2:00pm EST
the u.s. government can run its massive deficit is because the federal us have the -- the fedee has the ability to create money and that creates a huge temptation for politicians. with republicans and democrats. i don't believe we can deal with physical policy until we deal with monetary policy. in the early two thousands, the federal reserve had been here a long time. he's getting ready to retire, he wants to go out on a good note. interest rates are starting to be lowered and it creates negative interest rates. you can borrow at less than the inflation rate. right at the end of the term, greenspan realizes that he screwed up and the interest rates create an inverted yield curve. that's a natural and on and on. what it is means that short-term rates are higher than long-term rates. if you're going to make an investment, it is riskier. only the federal reserve can do that. banks make money and created and voted yield curves. the banking business is quirky. which means you can get higher interest rates and a backbone. so they went under this negative inverted interest rate. one reaso
CNN
Feb 2, 2013 10:00am PST
. >> greg? >> well, i would add that ironically the budget deficit is falling, certainly as a percentage of gdp. and we will get next week i think on the tuesday from the congressional budget office new budget figures that show that, in fact, the deficit is dropping and dropping pretty significantly. >> guy, one last question to each of you, quickly. you've been watching the marks so long. we've got near records for stocks. gdp shrank, jobless growth, okay. why is the market so excited about what's happening either corporate profits or the economy, austin? >> you know, that is -- that's a good question. i think a lot of people have been asking it. i think we have been in the context of record corporate profits. and remember the fundamentals of the stock price, if you added up all the money that the market forecasts that the company will make in the future, that's how much the stock should be worth. so record corporate profits in some sense should have been reflected in higher prices already, and now -- and the only reason they weren't, i think, was because people were afraid washington m
CSPAN
Feb 2, 2013 4:10pm EST
to lift indians out of poverty. this makes sense whether or not we have a federal deficit. even if we had a zero deficit, many program cuts and determination would sbreels g.d.p. and expand -- increase g.d.p. the fiscal conservatives always say they want to cut spending but near i will all the focus in recent years have been trying to impose overall restraint by voting balanced budget. i'm not against the caps but they do not reduce the underlining pressure to spend. the only way to do that is challenge particular programs and make the argument that particular programs are harmful and wasteful, unconstitutional, unjust, and unneeded. to make lasting reforms congress needs to make the case to cut many dozens, hundreds of particular programs. if the republicans want to kill funding for big bird they have to make the case for it. they have to lay out the case and push on that for many months or many years to wear down the opposition. so the very few examples in recent decade where is we've been able to cut or limit or reform programs, there has been a build up and we've laid the ground work
CSPAN
Feb 2, 2013 11:20am EST
says expand first, worry later. california just raised taxes in part to cover their medicaid deficit, and that means 350 million more to pay for obama- care next year. that is not us, that is not south carolina. the federal government likes to wait around a $9 match like is a symbol or bullets. -- like it is a silver bullet. what good are any dollars when they come through a program that does not allow us the flexibility to make the decisions that are in the best interest of the people of south carolina. in the end, i cannot support this expansion for a very simple reason. as long as i am governor of south carolina i will not implement the public policy disaster that is obamacare medicaid expansion. instead we need to improve health care. and we will. we are taking a lead in payment reform. this year alone, over $40 million of payments are tied to performance. which means better outcomes for patients and south carolina tax payers. we are asking beneficiaries to become more engaged in their health. if a patient does not follow a dr.'s advice to stop smoking or does not take their medi
CSPAN
Feb 2, 2013 1:30pm EST
and it won't saddle future legislatures -- or future generations -- with the washington, d.c.-style deficits that montana has avoided during this recession. let's not miss this chance. the same goes for cuts to the business equipment tax, which is a tax on the market value of equipment a business owns. the last legislature reduced this tax rate, across the board, for every company in the state. let's take the next step and eliminate that tax for 11,000 montana businesses -- two- thirds of the companies that pay it. doing so will directly benefit the main street businesses in your communities. the parrot confectionary has been making and selling candy on last chance gulch in helena since 1922. under my proposal, the parrot would no longer pay this tax. chinook windows in great falls manufactures and distributes windows made for the harsh montana climate. they can use the business equipment tax dollars they've been paying to further invest in their business. under my proposal, the iron horse in missoula would also have a little more breathing room in their bottom line. from manufacturers to re
PBS
Feb 1, 2013 4:30pm PST
parts of our budget and have to be addressed if we're going to gesome handle on the deficit problem going forward. >> you're part of the fix the debt organization trying to get congress to concentrate on entitlement reform. you have said in that capacity, in the end we're going to have to eliminate some programs. could some health care programs be included in that? >> both parties realize that they have to reorganize not simply cut deeply these entitlement programs. they serve a population that's very vulnerable. you have to be careful about shifting costs because they affect poor people and old people and disabled people in very different ways than they do the rest of us who have somewhat growing incomes. >> big transformation from the health care reform law really is next year in 2014, with the individual mandates and the state health exchanges to try to expand the coverage. 23 states have instead said that they want the federal government to run those exchanges. is that good participation? >> some of this may be transitional, to be fair to the states. they're taking on the medica
CBS
Feb 1, 2013 7:00pm EST
on the deficit problem going forward. >> you're part of the fix the debt organization trying to get congress to concentrate on entitlement reform. you have said in that capacity, in the end we're going to have to eliminate some programs. could some health care programs be included in that? >> both parties realize that they have to reorganize not simply cut deeply these entitlement programs. they serve a population that's very vulnerable. you have to be careful about shifting costs because they affect poor people and old people and disabled people in very different ways than they do the rest of us who have somewhat growing incomes. >> big transformation from the health care reform law really is next year in 2014, with the individual mandates and the state health exchanges to try to expand the coverage. 23 states have instead said that they want the federal government to run those exchanges. is that good participation? >> some of this may be transitional, to be fair to the states. they're taking on the medicaid population, which is their platform that they know a lot about. so my assumption is
FOX Business
Feb 1, 2013 10:00pm EST
to be weatheri the country's fiscal uncertainty, but it is doing so nervously. >> we have massive deficits, a big tax increase hat no apparent willingness to get government off people's backs by reducing government spending, and all of that is a heavy, heavy weight on the private sector. firms around the nation are sitting on cash instead of creating jobs. >> reporter: on wednesday the commerce department announced economic growth actually fell to a-10% the last three months of last year, the chairman of the president's council of economic advisers says other indicators remain positive. >> consumer spending increased. business investment. residential construction. >> reporter: the jobs report showed a larger number of people dropped out of the labour force than down jobs. a former administration economist says some of that is to be expected. >> the population is aging, so we expect to have a fair number of people retiring every month for the next ten years or more as the baby boomers retire. >> reporter: the conference board reports a sharp increase in the number of older workers considering dela
ABC
Feb 2, 2013 8:00am PST
: this morning, president obama is calling on congress to put aside their differences to reduce the deficit and promote economic growth. >> what we need instead is balanced approach. of course, let's cut what we can't afford but let's make the investments we can't afford to live without. the things that will help america compete for the best jobs and new industries. >> carolyn: president says the economy is poised to expand this year after 2.2 million jobs were created last year. republicans say this is the chance for congress to begin balancing the nation's checkbook jumpstart go the economy and restoring faith in our government. >>> energy secretary steven chu is stepping down. the former head of the berkeley lawrence lab drew a lot of fire but as political reporter mark matthews, he also drew a lot of talent to the department as he worked to reshape its mission. >> at the white house, president obama thanked him for his service. >> he has been a great friend over the past four years working on energy issues but also designing a cap to plug a hole in the gulf of mexico when nobody else co
CSPAN
Feb 2, 2013 7:00am EST
generations with the washington, d.c.-style deficits that montana's avoided during this she -- during this recession. let's not miss this chance. [applause] same goes for cuts to the business equipment taxes. the last legislature reduced this tax rate across the board for every company in the state. let's take the next step, though, and let's eliminate this tax for 11,000 montana businesses. two-thirds of the businesses that pay it lt -- that pay it. doing so will directly benefit mainstream businesses in each of your communities. making and selling candy here in helena since 1922. under my proposal, they would no longer pay this tax. chinook windows in great falls, it manufactures and it distributes windows that can stand up to the harsh montana climates. they can use the business equipment tax dollars they've been paying to further invest in their business. under my proposal the iron horse in missoula, it would also have a little bit or more breathing room in their bottom line. from manufacturers to restaurants to taverns to service providers, 11,000 montana businesses will no longe
FOX
Feb 2, 2013 7:00am PST
on congress to work together on a balanced approach to reduce the deficit and promote economic growth. he said businesses created 2.2 million jobs last year. he suggests economic reforms including reducing the cost of health care programs like medicare and closing loopholes in the tax code. >>> this is the first time in five-year that the dow closed above 14,000. it had dropped as low as 6600 in 2009, increased consumer confidence, manufacturing and auto sales are credited for the surge. >> we are moving in the right direction compared to a lot of other countries we are in a good position. >> the economy has improved. you can put the money in the bank but you earn no interest. >> economists say many prefer american investments because the european markets struggling and many consider china as over valued. however others add that just because wall street is up doesn't necessarily mean that the average american is better off, more than 12 million are still looking for jobs. >> hundreds of people in northern california are looking for new jobs as massive layoffs start at campbell soup. 290 wo
FOX News
Feb 2, 2013 1:00pm PST
to the deficit, and i'm just worried that one day we're going to wake up and the market's eyes are going to open up and say wait a minute, look at all these debt and start hitting the wrong way. but look. so far so good. for whatever reason the market likes what it sees, and i never argue with the market. it's kind of stupid to do that. i think you would be run over by a train if you bet against it right now. >> heather: gary kaltbaum joining us. thank you so much. we appreciate your insight as always. >> my pleasure. thank you. >> gregg: so he gave us the barney cam. remember that, and he was by president bush's side throughout his eight years in the white house. what the former president is now saying about his beloved scottish terrier. yeah the barney cam. >> heather: hours before the big game, gregg, new developments and allegations involving nfl player ray lewis. >> gregg: really? i'm so stunned. i'm surprised about this. >> heather: he's speaking out about this. >> gregg: he is? he's talking now? he wasn't really talking before. i'm stunned. >> heather: we'll hear what he has to say. >> i
MSNBC
Feb 1, 2013 8:00pm PST
with younger workers than in a sluggish one with budget deficits. immigration is not what hurts them, and it is not standing in the way of aiding them. in 2007, the congressional budget office found that legalizing undocumented immigrants would increase revenue by $48 billion, while costing only $3 billion increased public services. and that is before you get into the broader economic benefits. there are very few free lunches in public policy. usually it is a realm of hard choices, but taking advantage of our unique position as the country with the world's best and brightest, desperately a way to go? that is surely correct. "the ed show" is up next. >>> good evening, americans, and welcome to "the ed show" from new york. hillary clinton ends her run as secretary of state by nailing republicans for who they really are. i love it. this is "the ed show." let's get to work. >> i am very proud to have been secretary of state. >> hillary clinton gives her final farewell as secretary of state and doesn't mince parting words about the republicans refusing to face facts. karen finney and mich
MSNBC
Feb 1, 2013 11:00pm PST
one with budget deficits. immigration is not what hurts them, and it is not standing in the way of aiding them. in 2007, the congressional budget office found that legalizing undocumented immigrants would increase revenue by $48 billion, while costing only $3 billion increased public services. and that is before you get into the broader economic benefits. there are very few free lunches in public policy. usually it is a realm of hard choices, but taking advantage of our unique position as the country with the world's best and brightest, desperately a way to go? that is surely correct. >>> the pain of mccain. let's play "hardball." ♪ >>> i'm chris matthews in washington. let me start with this. why is john mccain so angry? 40 years after the vietnam p.o.w.s came home, the most famous of them is angrier than ever. why is america, why are we fighting the vietnam war all over again in the united states senate? the ticked off vitriol against chuck hagel, what is it about? is it for show? is it about something hagel said in the cloakroom? is it the unfairness of vietnam itself, that
MSNBC
Feb 2, 2013 4:00am PST
want a smaller deficit. hispanics are very much on the side of more government involvement. they want government services, they think that the government can do a lot to create jobs. they are very much in line with the democratic party and might be more pro government than the democratic party. if the republican party wants to woo voters, they need to adjust their message, not just on immigration, but also the economy and the basic principles about what the government can do. >> okay. aaron blake, thank you so much. appreciate that. >> thank you. >>> president obama preparing to move out of the white house oval office, work under way on a second oval office in the eisenhower executive office next door. the president will begin working there in august and make way for a two-year renovation of the white house west wing. >>> it's official. john kerry sworn in as secretary of state. duvall patrick has tapped his former top aide, william mo cohen to replace kerry until the june special election. scott brown took his name out of running yesterday. joining me now is frank phillips, who has b
CSPAN
Feb 2, 2013 7:00am EST
in the right direction. but midway through that cut that back and went back to spending cuts and deficit reductions. critics say basically if they would have left it alone, if they would have left the economy alone it would have righted its own ship. the massive government spending of world war ii, that sucked a lot of people back into labor market at a terrible humanitarian cost got the economy back running. host: there have been some folks, part of the administration, part of the democrats that say infusing money and coming up with these stimulus projects will help get the economy going. is this a similar situation to what f.d.r. tried to do coming out of the great depression? guest: threrp definitely parallels between the stimulus law of 2009 and what f.d.r. wanted to do. one major difference was where the stimulus sort of relied on the private sector. they had is civilian conservation core. this time they've tried to put money into contracts that private firms will get and then hopefully hire private workers. i think the thing about the stimulus is i bet 80 years from now we'll be de
CSPAN
Feb 2, 2013 2:15pm EST
in 2013. they discuss president obama's executive order and gun control, the deft it is -- deficit and the upcoming cases in the supreme court. >> i'm going to short everyone's bio in order to get to them. our first speaker is david boaz. he has played a key role in the libertarian movement. he's a commenter in things such as education, and the rise of libertarian. an author -- he's an author and co-editor for policy makers. following that is ilya shapiro. he have provided testimony to he have provided testimony to legislaters.
FOX News
Feb 2, 2013 6:00am EST
and then also address the largest drivers much our debt and deficit mandatory spending programs. medicare, medicaid, social security that have not solvent. if we don't fix them and reform them. we will overwhelm our budget in a way that we continue to chop our budget the way you have seen the defense budget. it way you have see this administration do it. failure of leadership. chong the military ainstead much addressing the real problems of out-of-control spending. russia and iran being closer to having a nuclear weapon. are we really thinking that -- i mean, what can we possibly do in our lawmakers are not balancing the books the way that they should be? >> well, we demand change. i mean, my organization concerned vets for america trying to inject veterans voice into this discussion to say we understand what a threat looks like. i have walked on the battlefield and i know what a bad guy looks like. if we don't get our spending under control as admiral mullen says the single largest threat to national security. dysfunction is washington is the biggest threat we face. if we don't get these
Search Results 0 to 40 of about 41 (some duplicates have been removed)